Bericht
The Safe Asset Controversy: Policy Implications after the Crisis
Safe assets are the lubricant of the financial system. They serve as a store of value, to meet regulatory requirements, and as a pricing benchmark. Some researchers identify a severe and chronic global safe asset shortage; others disagree, while empirical evidence remains ambiguous. In the post-Lehman world, the availability of safe assets entails new policy challenges. While still a potential source for global imbalances, the debate today stretches further to implications for financial stability and economic policy effectiveness.
- Language
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Englisch
- Bibliographic citation
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Series: DIW Roundup: Politik im Fokus ; No. 3
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Steffen, Christoph Große
- Event
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Veröffentlichung
- (who)
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Deutsches Institut für Wirtschaftsforschung (DIW)
- (where)
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Berlin
- (when)
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2014
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Steffen, Christoph Große
- Deutsches Institut für Wirtschaftsforschung (DIW)
Time of origin
- 2014